AFRICA – The African Development Bank Group, Africa’s premier development finance institution, has announced the appointment of Ms. Bajabulile “Swazi” Tshabalala as Acting Senior Vice President of the Bank with immediate effect.
According to an AfDB statement, Ms. Tshabalala was appointed by the Bank Group’s President Dr. Akinumwi Adesina following the retirement of immediate former Senior Vice President, Mr. Charles Boamah.
Mr. Boamah had served the institution for 23 years in various roles including those of Vice-President and Chief Financial Officer of the Bank and as Acting First Vice-President and Chief Operating Officer.
AfDB said that Ms. Tshabalala will continue to hold simultaneously her position as Vice President for Finance and Chief Finance Officer in this interim period.
“Ms. Tshabalala has demonstrated highly commendable senior leadership management qualities and brings a strong perspective on results orientation and delivery that will be important as the Bank moves ahead with the delivery of its programs and commitments,” Dr. Akinwumi Adesina, President of the African Development Bank Group, commented.
Adesina further noted that he was very pleased to appoint her as Acting Senior Vice President, as the Bank manages this senior leadership transition, to ensure stability and continuity of our work and operations.
“I am confident she will do very well. She will continue to hold simultaneously her position as Vice President for Finance and Chief Finance Officer in this interim period,” added Adesina.
The African Development Bank Group comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
The Bank is on the ground in 37 African countries with an external office in Japan. The AfDB contributes to the economic development and the social progress of its 54 regional member states.
